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Lightspeed Commerce Inc. (LSPD) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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In the latest close session, Lightspeed Commerce Inc. (LSPD - Free Report) was down 2.51% at $11.65. This change lagged the S&P 500's 0.38% loss on the day. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 0.67%.

Shares of the company witnessed a loss of 1.48% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 7.44%, and the S&P 500's gain of 4.06%.

Analysts and investors alike will be keeping a close eye on the performance of Lightspeed Commerce Inc. in its upcoming earnings disclosure. On that day, Lightspeed Commerce Inc. is projected to report earnings of $0.11 per share, which would represent a year-over-year decline of 15.38%. Our most recent consensus estimate is calling for quarterly revenue of $313.65 million, up 13.16% from the year-ago period.

For the full year, the Zacks Consensus Estimates are projecting earnings of $0.42 per share and revenue of $1.21 billion, which would represent changes of -6.67% and +12.06%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for Lightspeed Commerce Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 65.79% upward. Currently, Lightspeed Commerce Inc. is carrying a Zacks Rank of #5 (Strong Sell).

Looking at its valuation, Lightspeed Commerce Inc. is holding a Forward P/E ratio of 28.32. This signifies a discount in comparison to the average Forward P/E of 30 for its industry.

It's also important to note that LSPD currently trades at a PEG ratio of 1.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 2.35.

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 81, which puts it in the top 33% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.


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